Examlex
Which of the following is used to describe an 'open' economy?
World Trade Organization
An international organization designed to supervise and liberalize world trade by providing a forum for negotiation and dispute resolution.
Members
In a business context, individuals or entities that are part of an organization, group, or system with certain rights or obligations.
World Trade
The exchange of goods and services across international borders and territories, impacting global economies, standards of living, and the development of nations.
Countries
Distinct territorial bodies or political entities recognized as independent states, characterized by their own government and boundaries.
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